Despite global commitments to clean…
China is raising from Wednesday…
The debate over whether to…
U.S. WTI January Crude Oil futures are trading higher for the week, but the strong upside bias from earlier in the week has slowed considerably as investors express uncertainty over…
Oil prices fell on Friday morning after some bearish comments of Saudi Arabia but the odds of a substantial OPEC deal seem to have improved now Iraq is on board…
The recent U.S. election has been one of the biggest news items the world over this month. And the change of presidents is also having some important effects on the…
In what is now the umpteenth twist in highly-charged OPEC rhetoric in recent days, the cartel’s biggest producer and de factor leader, Saudi Arabia, has reportedly told the organization that…
Amid talks for an OPEC-wide production cap, Saudi Aramco is planning to export more crude to Asia in January, according to three unnamed sources from the client side who
OPEC is closing in on a deal to cut production, which will surely cause oil prices to rise. Oil is already almost back to $50 per barrel, so cuts of…
Exxon has been a first choice for institutional investors because of its stable performance over the decades—and of course, its dividend policy. But times are changing, and investors today are…
Challenges for LNG On November 8, U.S. voters took the world by surprise by electing Donald Trump to be the next U.S. President. As the dust settles, people are trying…
Tesla’s new solar roofs could be a huge boon for the company if the product takes off, but how big is that market? The size of the target addressable market…
This coming year could be a surprisingly exciting time for oil and gas developers. Yes, energy prices are depressed right now. But not everyone sees that as a negative. In…
With less than a week to go until the much-anticipated OPEC meeting in Vienna on November 30, the oil exporting cartel still seems unable to determine the terms of production…
After earlier this week OPEC tabled the issue of Iran’s and Iraq’s participation in the OPEC deal until November 30, the markets might have thought there would be little jawboning…
U.S. President-elect Donald Trump has vowed to rip up the Iranian nuclear agreement on Day 1, and reimpose sanctions on Iran. The move could potentially have far-reaching consequences for the…
This week almost 50 million Americans will take planes, trains, automobiles (and even boats) to travel miles from home for Thanksgiving festivities according to AAA. The auto club sees…
Happy Thanksgiving! To make it a little happier, the EIA reported on November 23 that gas prices in the U.S. for this year’s holiday average $2.16 per gallon. That’s…
Oil from the Bakken formation has been playing hard-to-get. According to data from the Energy information Administration (EIA), production from the North Dakota reserves peaked in December 2014,…
All along the campaign trail, Donald Trump promised that he would save the U.S. coal industry by rescinding prohibitive regulations, if elected. As President-elect, Trump is reiterating his vow…
In its third flip-flop position on joining OPEC production cuts in as many days, Iraq signaled on Wednesday that it could be willing to cut its production and support…
Happy Thanksgiving Eve! A fairly neutral EIA report - tilted a wee bit bullish for crude, bearish for the products - has been a welcome distraction, before a surgical…
The dramatic fall in oil prices over the last two years has sent shockwaves throughout Africa. From a high of $115 a barrel in June 2014, oil prices have dropped…